Hoyer Statement On Debt Negotiations

Washington, D.C. – House Democratic Whip Steny H. Hoyer (MD) released the following statement after tonight's White House meeting:

"Tonight, the President made clear that we will continue ongoing discussions as we work to reach agreement on a long-term, balanced approach to reduce our deficit. While Democrats are continuing to fight for a deficit reduction compromise that will strengthen the economy and reduce deficits for decades, I’m disappointed my Republican colleagues have indicated they’re not in favor of a compromise deal that would address the fiscal crisis in a serious way. I’m hopeful they will stay engaged so that we can in fact enact an agreement that ensures America pays its bills and reduces the deficit in a balanced way without putting all of the burden on seniors and the middle class."